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Committee of the Whole/Documents/Appendix B: Fleet Replacement Plan – 5-year excerpt
Appendix

Appendix B: Fleet Replacement Plan – 5-year excerpt

October 12, 2021Page 713 sections

Projected vehicle replacement costs and reserve balance continuity schedules for 2021-2026.

6.2 FINANCE & ADMINISTRATION - Mayor Screech, Chair
2023 replacement cost: $1,120,000 for Superior E-One2026 replacement cost: $850,000 for Brush Truck

Appendix B

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Fleet Replacement Plan – 5-year excerpt

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Town of View Royal

Fleet Replacement Plan

2022-2026 Financial Plan-Draft

Vehicles Fire / Municipal 2021 2022 2023 2024 2025 2026
1996 Kubota Municipal 81,600
2019 Chevrolet Silverado 1/2 Ton Municipal
2003 Ford F350 - Dually Dump Municipal 100,000
2004 Ford Ranger (Mitsubishi) Municipal
2006 Ford F350 - Single rear wheel drive Municipal 70,000
2006 John Deere #2305 Municipal 40,000
2007 Chevrolet Silverado 1 Ton Municipal 70,000
2007 John Deere #3520 Municipal 56,400
2010 Nissan Frontier Municipal 55,000
2011 Ford Ranger Splash (Building) Municipal
2012 Mitsubishi Dump Municipal
2013 Honda Fit Municipal
2015 Chevrolet Colorado (Bylaw) Municipal
2019 Hyundai Ionic Municipal
1990 Mack Emergency Rescue Fire
1991 Navistar International Brush Truck Fire 850,000
1992 Superior E-One Fire 1,120,000
2000 Zodiac Fire 50,000
2002 Chevrolet Venture Fire
2005 Smeal Spartan Aerial Fire 75,000
2009 Chevrolet Tahoe Fire
2012 Smeal Spartan Gladiator Fire
2016 Ford F150 Fire 77,000
2016 Ford F150 Fire 77,000
2019 Chevrolet Tahoe Fire
Subtotal 303,000 70,000 1,190,000 55,000 100,000 1,004,000
Funding source Fire / Municipal 2021 2022 2023 2024 2025 2026
Fire Dept M&E Reserve Fire (125,000) - - - - (154,000)
Machinery & Equipment Reserve Municipal (178,000) (70,000) (70,000) (55,000) (100,000) -
Debt - - (1,120,000) - - (850,000)
Grants or other - - - - - -
Subtotal (303,000) (70,000) (1,190,000) (55,000) (100,000) (1,004,000)
Check - - - - - -

Continuity Schedules

Fire Dept M&E Reserve

2021 2022 2023 2024 2025 2026
Opening bal 158,487 66,797 100,773 135,428 170,777 206,833
Contribution 32,000 32,000 32,000 32,000 32,000 32,000 32,000
Draws (125,000) - - - - (154,000)
Interest earned (assuming 2%) 1,310 1,976 2,655 3,349 4,056 1,697
Ending bal 66,797 100,773 135,428 170,777 206,833 86,530

Machinery & Equipment Reserve

2021 2022 2023 2024 2025 2026
Opening balance 334,608 224,508 222,368 220,188 233,258 200,698
Contribution 63,500 63,500 63,500 63,500 63,500 63,500 63,500
Draws (178,000) (70,000) (70,000) (55,000) (100,000) -
Interest earned (assuming 2%) 4,400 4,360 4,320 4,570 3,940 5,280
Ending balance 224,508 222,368 220,188 233,258 200,698 269,478
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Extracted from: 2021 10 12 Committee of the Whole Agenda - Agenda - Pdf